Future Fund ups PE holding

30th Aug 11

In releasing its latest portfolio allocations, the Future Fund's holding of PE assets now stands at 3.9% of its total assets for the last quarter (at $2.896b), up from 3.4% the previous quarter and from 3% a year ago. FF Board of Guardians Chair David Murray said: "The Board remains focussed on prudently building a diverse portfolio that is capable of generating good returns in positive environments but provides some protection in weaker markets."